FilingReader Intelligence

Major shareholder plans to reduce stake in Oriental Jicheng

July 8, 2025 at 05:16 PM UTCBy FilingReader AI

Dalian Financial, a major shareholder in Beijing Oriental Jicheng, intends to decrease its stake in the company. The firm currently holds 34,606,800 shares, representing 11.68% of the company's total share capital. Dalian Financial plans to reduce its holding by no more than 8,890,800 shares, or 3.00% of the total share capital. The reduction will be executed via block trades and open market transactions. Block trades not exceeding 5,927,200 shares could occur between July 31, 2025, and October 30, 2025. Open market transaction up to 2,963,600 shares may occur between August 22, 2025 and October 30, 2025. The reason for the reduction is for its own funding needs.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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